Alaska Permanent Capital Management LLC Sells 201,119 Shares of Global X Cybersecurity ETF $BUG

Alaska Permanent Capital Management LLC reduced its position in Global X Cybersecurity ETF (NASDAQ:BUG) by 97.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,535 shares of the company’s stock after selling 201,119 shares during the quarter. Alaska Permanent Capital Management LLC’s holdings in Global X Cybersecurity ETF were worth $138,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in BUG. Royal Bank of Canada boosted its stake in shares of Global X Cybersecurity ETF by 14.7% in the 1st quarter. Royal Bank of Canada now owns 211,842 shares of the company’s stock valued at $6,851,000 after purchasing an additional 27,101 shares in the last quarter. Creative Planning acquired a new stake in shares of Global X Cybersecurity ETF in the 2nd quarter valued at approximately $231,000. JPMorgan Chase & Co. boosted its stake in shares of Global X Cybersecurity ETF by 36.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 125,424 shares of the company’s stock valued at $4,653,000 after purchasing an additional 33,714 shares in the last quarter. Cresset Asset Management LLC boosted its stake in shares of Global X Cybersecurity ETF by 9.2% in the 2nd quarter. Cresset Asset Management LLC now owns 13,187 shares of the company’s stock valued at $489,000 after purchasing an additional 1,115 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of Global X Cybersecurity ETF in the 2nd quarter valued at approximately $632,000.

Global X Cybersecurity ETF Trading Down 0.1%

BUG opened at $34.11 on Friday. The company’s 50 day moving average is $30.17 and its 200-day moving average is $29.22. Global X Cybersecurity ETF has a 1-year low of $23.15 and a 1-year high of $38.74. The company has a market cap of $1.12 billion, a P/E ratio of 37.03 and a beta of 0.89.

About Global X Cybersecurity ETF

The Global X Cybersecurity ETF (BUG) is an exchange-traded fund that is based on the Indxx Cybersecurity index, a modified market-cap-weighted global index of companies selected on the basis of revenue related to cybersecurity activities. BUG was launched on Oct 25, 2019 and is managed by Global X.